Showing 11 - 16 of 16
Persistent link: https://www.econbiz.de/10011919647
distribution in the European Central Bank (ECB) council. We show that, in a model where labor unions internalize the inflationary …
Persistent link: https://www.econbiz.de/10011402520
representation in a federal central bank addressing this question. Optimal voting weights reflect two opposing forces: the wish to …
Persistent link: https://www.econbiz.de/10002521678
. -- central bank design ; monetary policy committee ; central bank board ; central bank council ; governance ; inflation …
Persistent link: https://www.econbiz.de/10003767748
size and voting power. One way to implement this principle is a rotation scheme for national central bank governors that …
Persistent link: https://www.econbiz.de/10011511101
Central banks have sometimes turned their attention to long-term interest rates as a target or as a diagnosis of policy. This paper describes two historical episodes when this happened - the US in 1942-51 and the UK in the 1960s - and uses a model of inflation dynamics to evaluate monetary...
Persistent link: https://www.econbiz.de/10011825249